Investor Presentaiton

Generating Increasing Operating FCF 23 25 2018 Adj. EBITDA² (in millions of $) 27 27 37 2019 2020 52 99 66 2021 2) This is a non-GAAP measure. Please refer to the MD&A. 2022 Operating Free Cash Flow (OFCF) 1&2 (in millions of $) 35 28 17 13 2018 2019 2020 2021 1) OFCF CFO less capex and excluding working capital 2) This is a non-GAAP measure. Please refer to the MD&A. 47 2022 High Operating FCF conversion rate OFCF Conversion 1&2 (in %) 76% 72% 66% 63% 50% 2018 2019 2020 2021 1) OFCF Conversion = OFCF divided by adjusted EBITDA 2) This is a non-GAAP measure. Please refer to the MD&A. 2022 40 YEARS OF CALIAN

View entire presentation